February 15, 2009
Rethinking energy efficiency ?
Energy efficiency may well have become the Commission's number one priority after the Second Strategic Energy Review (last November) made commitments to go beyond the objective of improving energy efficiency by 20% by 2020, but with only around a third of its 85 measures having been implemented to date, the EU's 2007-2012 Action Plan for Energy Efficiency is falling far short of reaching even this original target.
With its mid-term evaluation looming this year, the Action Plan is ripe for a revision which, according to a Commission official speaking at an 11 February conference, could include incorporating additional policies. This is felt to be warranted by the increased scope of Community legislation introduced to the field in the past year – notably the extension of the product list for the Eco-Design Directive and the recast Energy Performance of Building Directive.
An obvious stumbling block towards more effective and ambitious energy efficiency measures is providing sufficient financing options. It Is thought that the Sustainable Energy Financing Initiative - currently under preparation between the Commission, the EIB and other financial organisations - may be a key component here in helping to mobilise large-scale private funding for investments as well as financing for cleaner energies.
Action Plan for Energy Efficiency http://europa.eu/scadplus/leg/en/lvb/l27064.htm
Posted by iroronan at February 15, 2009 11:17 PM
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